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BluVector Wins Multimillion-Dollar Contract with U.S. Government Agency

September 19, 2018

ARLINGTON, Va.--(BUSINESS WIRE)--Sep 19, 2018--BluVector, a leader in AI-driven network security technology, today announced it has won a multimillion-dollar contract with a U.S. government agency. BluVector is an AI-driven sense and response network security platform that makes it possible to accurately and efficiently detect, analyze and triage sophisticated threats including fileless malware, zero-day malware and ransomware in real time.

As is the case in virtually every industry, government security teams must prepare to face the rapidly increasing volume and sophistication of threats. This problem is made even more difficult by a shortage of trained talent armed with the right capabilities to protect against these emerging threats. The U.S. government has taken the opportunity to confront these challenges head-on, investing in the future through projects focused on artificial intelligence, machine learning and other forward-leaning technologies, such as those deployed by BluVector.

BluVector provides a revolutionary solution to these escalating risks, leveraging supervised machine learning to deliver highly-accurate detection rates of advanced threats in milliseconds. Furthermore, the platform automatically aggregates threat and network data that incident response teams use as context for decision making, shortening the response window and vastly improving analyst efficiency.

“The U.S. government has stated that cyber threats are now the greatest risk to the country,” said Kris Lovejoy, CEO, BluVector. “BluVector, born within the defense and intelligence sectors to solve the government’s hardest malware detection challenges, brings over a decade of experience in detecting threats against the government. We’re continuing to serve the growing security needs of federal agencies by helping them lower risk, increase compliance and improve threat detection and response capabilities.”

BluVector has experienced significant traction in the commercial and public sectors, serving companies ranging from the middle market to some of the largest enterprises and federal agencies in the world. In the first half of 2018, BluVector has already grown its new annual contract value by 130 percent versus all of 2017. These wins have spanned numerous industries, including financial services, healthcare, manufacturing and technology.

About BluVector BluVector is revolutionizing network security with state-of-the-art AI, sensing and responding to the world’s most sophisticated threats in real time. Stop waiting for breaches to happen. Get ahead of the threat. Visit  www.bluvector.io.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180919005060/en/

CONTACT: MSL for BluVector

Chris Poisson, 781-684-6619

bluvector@mslgroup.com

KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE SECURITY

SOURCE: BluVector

Copyright Business Wire 2018.

PUB: 09/19/2018 08:00 AM/DISC: 09/19/2018 08:01 AM

http://www.businesswire.com/news/home/20180919005060/en

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